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And she always has so much fun doing it. We make a good team.

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But rules cannot substitute for character.
ALAN GREENSPAN

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It’s hard to overemphasize how important Ford’s deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged at first.
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If we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country.
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The need for values is inbred. Their content is not.
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We will have more crises and none of them will look like this because no two crises have anything in common except human nature.
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These days, even out of office, I still read economic reports.
ALAN GREENSPAN

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Political decisions are never random and will always lose out to innovative alternatives.
ALAN GREENSPAN

Alternative Decision Innovative Lose Political Random
It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations.
ALAN GREENSPAN

Competency Experience Foundation Manipulation Mathematics Numerical Understand
The number one problem in today’s generation and economy is the lack of financial literacy.
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Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.
ALAN GREENSPAN

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[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
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And whatever their publicized angst over Saddam Hussein’s ‘weapons of mass destruction.
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If I say something which you understand fully in this regard, I probably made a mistake.
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I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I’m running into the tyranny of zero, which is where you can’t reduce (the debt) any more
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In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
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No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.
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